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Get Ready to be Financially Conscripted

By: Arnold Bock A new financial policy initiative known by the label “Financial Repression” may soon become our worst nightmare.  ‘Repression’ rhymes with ‘depression’ which could be what we have to look forward to as rampant price inflation and permanently lower living standards take hold.  Get ready to be conscripted into a citizen army assembled for the greater cause of saving the nation from being swamped by a tsunami of debt.  Let me explain. What is Financial Repression? Financial Repression is a policy cocktail comprised of large doses of monetary inflation, commonly known as money creation far in excess of the growth in the economy, coupled with interest rates that are below the real rate of . . . → Read More: Get Ready to be Financially Conscripted
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